Retirement: Workplace pensions better than Lifetime ISAs

Walking direction on asphaltHow should you save for your retirement? An influential Government minister believes that workplace pensions are a better option than the new Lifetime ISA, and we agree! Lifetime ISAs were announced in the Budget earlier this year and will be available from April 2017 to anyone under the age of 40. Savings will attract a Government ‘bonus’ of £1 for every £4 saved and the money accumulated can be used to help meet the cost the deposit for first time buyers or retirement. When money is withdrawn, providing it is ...